Tower Research Capital LLC TRC Buys 41,654 Shares of SPDR S&P Insurance ETF (NYSEARCA:KIE)

Tower Research Capital LLC TRC raised its stake in SPDR S&P Insurance ETF (NYSEARCA:KIEFree Report) by 155.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 68,368 shares of the exchange traded fund’s stock after purchasing an additional 41,654 shares during the quarter. Tower Research Capital LLC TRC’s holdings in SPDR S&P Insurance ETF were worth $3,092,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in KIE. UBS Group AG increased its holdings in shares of SPDR S&P Insurance ETF by 440.5% in the 4th quarter. UBS Group AG now owns 446,056 shares of the exchange traded fund’s stock worth $20,171,000 after buying an additional 363,536 shares during the last quarter. Insight Wealth Strategies LLC bought a new position in shares of SPDR S&P Insurance ETF during the 4th quarter valued at $15,021,000. New Harbor Financial Group LLC bought a new position in shares of SPDR S&P Insurance ETF during the 4th quarter valued at $9,633,000. Envestnet Asset Management Inc. grew its holdings in shares of SPDR S&P Insurance ETF by 205.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 245,144 shares of the exchange traded fund’s stock valued at $10,428,000 after purchasing an additional 164,793 shares during the last quarter. Finally, Mirabella Financial Services LLP bought a new position in shares of SPDR S&P Insurance ETF during the 3rd quarter valued at $6,808,000.

SPDR S&P Insurance ETF Stock Performance

KIE stock opened at $50.39 on Friday. SPDR S&P Insurance ETF has a 52 week low of $39.47 and a 52 week high of $52.26. The firm’s fifty day moving average is $50.18 and its 200 day moving average is $48.31. The firm has a market cap of $705.46 million, a P/E ratio of 15.18 and a beta of 0.58.

SPDR S&P Insurance ETF Profile

(Free Report)

The SPDR S&P Insurance ETF (the Fund), formerly SPDR KBW Insurance ETF, seeks to closely match the returns and characteristics of the S&P Banks Select Industry Index. The Fund invests all, but at least 80%, of its total assets in the securities comprising the Index. The Fund invests in all of the securities represented in the Index in approximately the same proportions as the Index.

See Also

Want to see what other hedge funds are holding KIE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Insurance ETF (NYSEARCA:KIEFree Report).

Institutional Ownership by Quarter for SPDR S&P Insurance ETF (NYSEARCA:KIE)

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